About the company:
Touchwood Entertainment specializes in Events Managements,offering their clients a complete variety of event facilities, ranging from event planning & marketing to production and legal services for the events.
They provide end-to-end solutions for all kinds of events – be they corporate, social or political.
They are a 35 member team with a fully developed and functional in-house production facility.
Company provides Event Management services for personal functions like marriages and birthday parties have become important social matters.
They also arrange guest appearances and performances of various artists in events organized by us viz. live shows, high class weddings, parties and opening ceremonies.
Company aims at providing artists for shows according to client’s desire and budget and execute in best possible manner giving the client for their money.They also have exclusive tie ups with various singers and Musicians for performing this service.
Company’s corporate office is in New Delhi and their footprint extends to the Africa, Middle East, South East and Europe, giving their work and thought process a global perspective.
Company provides the following Services:
- Mega Ground Concerts.
- Private Social Events.
- Wedding Planning and Wedding Decor.
- Political Activation.
- Artist Management.
- Destination Wedding.
Management Team:
- Mr. Manjit Singh (Designation: Managing Director)
- Mr. Vijay Arora (Designation: Whole Time Director)
- Mr. Jaswinder Kaur (Designation: Director)
Promoters Average Acquisition Cost:
| Name of the Promoter | No. of Shares held | Average Acquisition Cost (in Rs.) |
|---|---|---|
| Manjit Singh | 1342920 | 4.42 |
| Vijay Arora | 1265388 | 4.57 |
| Priyanka Arora | 100714 | 3.68 |
| Jaswinder Kaur | 112971 | 8.50 |
Peer group Comparison:
Touchwood Entertainment is in Event & Wedding Management and Political Activation Industry and there are no listed peers engaged in same line of business hence comparison with industry peers are not applicable.
Objectives of the Issue:
- Capital Expenditures for Business Expansion
- Repayment of existing loans
- General corporate purposes
- Issue related expenses
Fund Utilization:
| Particulars | Amount (Rs. in Crores) |
|---|---|
| Capital Expenditures for Business Expansion | 1.9 |
| General Corporate Purposes | 0.97 |
| Repayment of Loans | 0.85 |
| Issue Expenses | 0.49 |
| Net Proceeds | 4.21 cr |
Financials of the Company:
| (in Crores) | FY 13 | FY 14 | FY 15 | FY 16 | FY 17 | 31st Aug 17 |
|---|---|---|---|---|---|---|
| Revenue | 1.94 | 3.93 | 6.21 | 12.77 | 13.42 | 3.81 |
| Net Profit | 0.026 | (-0.81) | 0.058 | 0.026 | 1.01 | 0.33 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 11th December 2017 |
| Issue Closes on:. | 13th December 2017 |
| Issue Price | Rs.40 |
| Face Value | Rs.10 |
| Minimum Lot | 3000 |
| Minimum Investment | Rs.1,20,000 |
| Issue Constitutes | 25.86% |
| Issue Size | Rs.4.21 cr |
| Market Cap | Rs.16.28 cr |
| Listing at | NSE SME |
| Total Equity Shares Offered (Fresh) | 10,53,000 |
| Equity Shares Prior | 30,19,498 |
| Equity Shares after the issue | 40,72,498 |
Important Dates:
| Finalization of Basis of Alottment | on or Before 18th December 2017 |
| Initiation of Refunds | on or Before 20th December 2017 |
| Credit of Equity Shares: | on or Before 21st December 2017 |
| Listing Date: | on or Before 22nd December 2017 |
IPO Valuation Parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
|---|---|---|---|
| 4.03 | 9.93 | 36.26% | 13.90 |
Markets Guruji Opinion:
| IPO View | Apply For: | Expected listing Gain: |
|---|---|---|
| Subscribe | Listing Gains | 10% |
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| Company Contact Info: |
|---|
| Touchwood Entertainment Ltd 11A, 2nd & 3rd Floor, Aruna Asaf Ali Road Opp. Fortis Hospital, Kishan Garh, Vasant Kunj New Delhi 110070 INDIA Telephone No- 011-41326666 Email: cs@touchwood.in Website: www.touchwood.in |
| IPO Registrar Info: |
|---|
| SKYLINE FINANCIAL SERVICES PRIVATE LIMITED SEBI Regn. No.: INR000003241 Address : D-153 A, 1st Floor, Okhla Industrial Area, Phase-I, New Delhi-110020. Contact Person: Mr. Virender Rana Tel No.: +91-11-26812682, 64732681-88 Email id.: virenr@skylinerta.com Website: www.skylinerta.com |
| Lead Manager to the Issue: |
|---|
| CORPORATE CAPITALVENTURES PRIVATE LIMITED SEBI Registration Number: INM000012276 Address: 160, Lower Ground Floor, Vinoba Puri, Lajpat Nagar – II, New Delhi – 110 024. Contact Person: Mr. Kulbhushan Parashar Tel No.: +91–11–41704066; +91–11–2983 2706 Email Id: investors@ccvindia.com Website: www.ccvindia.com |
